If price consumption curve is negatively sloped, Otwo goods are substitutes two goods are complements both goods are normal goods one good is normal and the other good is inferior

Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter3: Demand, Supply, And The Market Proces
Section: Chapter Questions
Problem 15CQ
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If price consumption curve is negatively sloped,
two goods are substitutes
two goods are complements
both goods are normal goods
one good is normal and the other good is inferior
Transcribed Image Text:If price consumption curve is negatively sloped, two goods are substitutes two goods are complements both goods are normal goods one good is normal and the other good is inferior
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